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* Flood losses are expected to total approximately $10 billion in 2012, which would result in the third consecutive year of increasing flood damage in the U.S.
* Prior to Hurricane Sandy, flood events in 2012 were relatively insignificant, with most of them occurring below the 100 year flood levels.
* Earlier in the year, Tropical Storm Debby and Hurricane Isaac brought heavy rainfall and flooding to southern portions of the United States and even in the midwest.